Feb. 19, 2020

The Great Reset: The Outlook for Oil and Gas M&A

Description

Two years ago investors told public oil and gas companies that they were not going to continue to support high growth, deficit spending, and poor investment returns. After a generally disappointing performance during the shale boom, investors told the publics that they have to focus on living within cash flow and providing strong returns. This change in investor appetite has rippled through the business, impacting pubic company valuations, private capital perspectives, capital spending, and deal flow. Combined with a weak outlook for commodity prices, concerns over upcoming debt maturations, worries about tariffs, and general lack of optimism, the US oil and gas business has slowed considerably. In a historically cyclical business, this will create opportunities, but companies will need to navigate this environment slowly and cautiously. Bill Marko will talk about the past, the present, what current trends mean for future activity levels, and deal flow.

Host: Entoro

SEASON PASS HOLDERS: You do not need to register for this event, as your Season Pass has automatically registered you for all 2019 – 2020 BD events.

We have changed venues. SPE Business Development Study Group events will now be held at the Petroleum Club of Houston.

Featured Speakers

Speaker Bill Marko

Bill Marko is a Managing Director of Jefferies LLC in the Energy Investment Banking Group. He has managed more than $72 billion of asset and corporate transactions. While he focuses on the United States, he also works on global projects, and heads Jefferies’ Canadian upstream activities. Prior to joining Randall …

Bill Marko is a Managing Director of Jefferies LLC in the Energy Investment Banking Group. He has managed more than $72 billion of asset and corporate transactions. While he focuses on the United States, he also works on global projects, and heads Jefferies’ Canadian upstream activities. Prior to joining Randall & Dewey, subsequently purchased by Jefferies, Marko worked more than 18 years in various roles at Mobil Oil.

Bill is a registered Professional Engineer in Louisiana and is a member of the Board of Administrators of Tulane University as well as Board of Advisors of the Tulane School of Science & Engineering.